Buying and selling commercial property in New Jersey can be a complex process that involves numerous legal considerations. Some of the key legal issues involved in buying and selling commercial property in NJ include:

1. Contract negotiation: Buying and selling commercial property typically involves negotiating a purchase agreement that sets out the terms of the transaction, including the purchase price, payment terms, and any contingencies. It is important for buyers and sellers to work with experienced legal counsel to ensure that the contract protects their interests and complies with all applicable laws and regulations.

2. Due diligence: Before buying a commercial property, it is important to conduct a thorough investigation of the property to identify any potential issues, such as zoning violations, environmental hazards, or title defects. Due diligence may involve reviewing financial statements, lease agreements, and other property-related documents.

3. Title search: A title search is typically conducted to ensure that the seller has clear title to the property and that there are no liens or other encumbrances that would prevent the sale from proceeding. Title insurance is also typically required to protect the buyer in case any title issues arise after the sale is complete.

4. Financing: Financing may be required to purchase commercial property, and there are numerous legal issues involved in securing a commercial loan. This may include negotiating loan terms, complying with lender requirements, and ensuring that the loan is properly secured by the property.

5. Environmental considerations: Commercial property transactions may involve complex environmental issues, such as the presence of hazardous materials or compliance with environmental regulations. It is important for buyers and sellers to work with experienced legal counsel to ensure that all environmental considerations are properly addressed.

6. Closing: The closing is the final stage of the transaction, during which the sale is completed and ownership of the property is transferred. Closing typically involves a number of legal documents, such as the deed, bill of sale, and closing statement.

Overall, buying and selling commercial property in New Jersey can be a complex process that involves numerous legal considerations. It is important for buyers and sellers to work with experienced legal counsel to ensure that all legal issues are properly addressed and that the transaction proceeds smoothly.